The Lok Sabha on December 05, 2025, issued the Prevention of Money Laundering (Amendment) Bill, 2025, further to amend the Prevention of Money Laundering Act, 2002.
The following has been amended, namely: -
• The Bill proposes to amend the Prevention of Money Laundering Act, 2002, by inserting a new sub-section in Section 49 to ensure that the Director’s powers are exercised transparently, justly, and accountably without infringing on rights and dignity.
• It seeks to establish an Oversight and Accountability Committee (OAC) to oversee the Enforcement Directorate’s actions and investigations under the Act to prevent misuse of power.
• The Committee, appointed by the Central Vigilance Commission, would review functioning and ensure fairness in enforcement processes.
• The Bill also introduces punishment provisions for any authority or officer found guilty of abusing their powers under the Act.
• Overall, it aims to strengthen transparency, accountability and fairness in anti-money-laundering enforcement mechanisms.
[Bill No. 75 of 2025]
